REGULATION
China’s President Xi Jinping Killed Ant Group’s $37 Billion IPO After Jack Ma Criticism
President Xi Jinping made the decision to stop the world’s largest-ever IPO after Ant Group’s Jack Ma spoke out against China's financial regulation and banking system.
What Is a Bitcoin ETF?
Bitcoin ETF is a type of security that tracks the overall price of Bitcoin and enables investors to trade and purchase shares of it on traditional exchanges.
UK Treasury Drafting Private Stablecoin Regulations and Researching CBDC with BoE
The United Kingdom’s Treasury Department has announced it is drafting private stablecoin regulation while it continues central bank digital currency (CBDC) research.
What Biden’s Presidency Could Mean for Crypto
With Joe Biden's presidential win, the crypto community has speculated on how this would impact the industry.
Ripple Blockchain Firm to Establish Regional Headquarters in Dubai
Amid the conflict with the SEC over its strict crypto regulatory framework, Ripple has announced that it will set up a regional office in Dubai.
Blockchain Firms To Benefit From SEC's Upward Review of Fundraising Limits For SMEs
The Securities and Exchange Commission has amended its maximum fundraising limit for Small and Medium Enterprises a move that will benefit smaller blockchain firms.
South Korea’s Financial Services Commission to Ban Privacy Coins from Exchanges
South Korea’s Financial Services Commission (FSC) will ban privacy-centric digital assets or “dark coins” from exchanges as they present a high money laundering risk.
China's Central Bank and Watchdogs Meet with Jack Ma and Ant Group Execs following Regulation Criticism
Ant Group founder Jack Ma and the firm’s top executives met with PBoC and three financial regulators as China published new draft rules for online micro-lending.
Hong Kong Securities Regulator Aims to Tighten Digital Asset Regulations Later This Year
The CEO of the Hong Kong Securities and Futures Commission (SFC) recently stated that security tokens must be regulated by the regulatory authority.
The Cayman Islands Creates Regulatory Framework to Attract Virtual Asset Business
The Ministry of Financial Services of the Cayman Islands announced that it is building regulatory frameworks for individuals and entities that offer digital assets in business.